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Summit Midstream (SMLP)

(Delayed Data from NYSE)

$28.99 USD

28.99
27,558

+0.97 (3.46%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $28.82 -0.17 (-0.59%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 31% (174 out of 252)

Industry: Oil and Gas - Production Pipeline - MLB

Better trading starts here.

Zacks News

BP Witnesses More Acceptance of Its Energy Transition Strategy

BP's radical shift of strategy away from oil and gas finds growing acceptance from investors. It is expected to generate returns of 8-10% for decades with no decline curves.

Summit Midstream Partners, LP (SMLP) Is Attractively Priced Despite Fast-paced Momentum

Summit Midstream Partners, LP (SMLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Summit Midstream (SMLP) is Overbought: Is A Drop Coming?

Summit Midstream Partners (SMLP) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

ConocoPhillips (COP) Acquires Concho, Creates Permian Giant

By 2022, ConocoPhillips (COP) is likely to save cost and capital of $500 million through disciplined capital allocation.

Pioneer Natural (PXD) Prices Offering of 3 Senior Notes

Pioneer Natural (PXD) plans to utilize net proceeds from public offering of senior notes for refinancing some senior notes.

Reasons Why Hold Strategy is Apt for RPC (RES) Stock Now

RPC's (RES) strong balance sheet is set to provide the company with massive financial flexibility and breathing room during tough times.

Centennial (CDEV) Up 152.2% in 6 Months: More Room to Run?

Centennial (CDEV) has more room for improvement, courtesy of its business prospects and a deepened focus on the most productive Permian Basin.

ExxonMobil (XOM) Double E Pipeline Gets FERC Proceed Signal

ExxonMobil (XOM) and Summit Midstream's Double E Pipeline is likely to be commissioned in the fourth quarter of 2021.

ConocoPhillips (COP) Up 32.8% in 3 Months: More Growth Ahead?

The remaining opportunities for ConocoPhillips (COP) in the Eagle Ford shale could lend the company access to huge oil equivalent potential reserves.

Schlumberger (SLB) Up 43.9% in 6 Months: More Room for Rally?

Schlumberger (SLB) has more room for improvement, courtesy of business prospects and its deepened focus on a more profitable international market.

Pioneer (PXD) Concludes Parsley Buyout, Creates Permian Giant

With the Parsley acquisition, Pioneer Natural Resources (PXD) bolsters Permian presence. In the basin, the combined company is now likely to have 930,000 net acres.

Antero Resources (AR) Prices Senior Notes, Upsizes Offerings

Considering the deduction of initial purchasers' discounts and estimated costs, Antero Resources (AR) expects net proceeds worth $692 million from the offerings.

Cenovus (CVE) Jumps 61.4% in 3 Months: More Room to Run?

Cenovus Energy's (CVE) strategic acquisition of Husky Energy has created the third-biggest energy producer in Canada.

W&T Offshore (WTI) Announces GoM Lease Awards & 2021 Hedges

W&T Offshore (WTI) consolidates the two onshore natural gas treatment units ¿¿¿ part of the Onshore Treating Facility ¿¿¿ that it acquired from ExxonMobil in 2019.

BP's Grand Tortue Ahmeyim Project to Commence Output in 2023

BP's Grand Tortue Ahmeyim gas project is likely to produce LNG of 2.5 million tons per annum and natural gas of 70 million cubic feet per day.

Matador (MTDR) Jumps 69.4% in 3 Months: More Room to Run?

Matador's (MTDR) operations are mainly concentrated in the Permian Basin, which is among the country's most prolific hydrocarbon plays.

Earthstone (ESTE) Closes Independence Resources Acquisition

Earthstone's (ESTE) acquisition of Independence Resources Management is valued at $182 million.

Enterprise (EPD) Rewards Unitholders With Distribution Hike

The recent distribution hike reflects Enterprise's (EPD) relatively stable business model, which is being less exposed to the pandemic-induced commodity price volatility.

Sinopec (SNP) Completes Weirong Field's Phase 1 Development

Sinopec (SNP) announces that presently in winter, the Weirong gas field is meeting fuel demand of 7 million households with daily gas production of 3.5 million cubic meters.

Schlumberger (SLB) Combines US Fracking Business With Liberty

Schlumberger (SLB) receives a 37% stake in the combined entity, per the deal closed on the last day of 2020.

Cenovus (CVE) Closes All-Stock Merger Deal With Husky Energy

Cenovus (CVE) expects the combined entity to have a production capacity of 750,000 Boe/d.

BP Delivers Gas From Shah Deniz to Europe, Boosts Competition

BP supplies natural gas to a lucrative energy market in Europe, which was primarily dominated by Russia.

ExxonMobil (XOM) Projects Asset Write-Down to Ail Q4 Results

ExxonMobil (XOM) warns that asset write-down of up to $20 billion might overshadow the positive developments in Q4 from upstream and chemical operations.

Shell (RDS.A) to Supply SAF to DHL Express to Lower Emissions

Shell (RDS.A) announces an agreement to supply DHL Express with SAF to support the latter's aim toward zero transport-related emissions by 2050.

Enbridge (ENB) Stock Rallies 9% QTD: More Growth Ahead?

Enbridge's (ENB) efforts in strengthening the overall business by adding profitable growth projects and shedding non-core assets are commendable.